Giggles N’ Hugs (GIGL) Taking Steps Toward Further Expansion Giggles N’ Hugs (GIGL) Taking Steps Toward Further Expansion
Giggles N’ Hugs (OTCQB: GIGL) is an award-winning, health-oriented, family restaurant company based in Los Angeles. Aside from serving healthier options to both children and adults, the company’s restaurants offer play areas for kids, meaning that adults can sit back and relax while children play games, join in with activities, and so on. So far, GIGL has been voted the “Number 1 Party Place” and was given the award for “Best Pizza in Los Angeles” by Nickelodeon. It was also awarded “Best Indoor Playspace” by Red Tricycle and was listed “Best Family & Indoor Kid-Friendly Restaurant” by CitySearch & GoCityKids.
As it stands, Giggles N’ Hugs has two locations in the top premier malls in Los Angeles. Not only this, four of the largest mall owners in the U.S. have offered GIGL up to 75% discount on rent as well as up to three quarters of a million dollars of cash upfront for each location in order to get GIGL into their malls across the country. The major mall operators interested in the relationship include: Westfield Group (OTC: WEFIF), which owns 55 properties across the country; Macerich Group (NYSE: MAC), which owns 62; General Growth Properties (NYSE: GGP), which owns 135; and Simon Properties (NYSE: SPG), which owns over 300. Mall owners are offering these opportunities because GIGL has proven to help turn malls into family destinations and increase traffic from this market.
In addition to the above developments, GIGL recently announced its engagement of Kiddos, Inc. and Michelle Steinberg of dOMAIN Integrated in order to elevate its marketing and PR strategies. Both organizations are highly trained and have a number of success stories in marketing, PR and investor relations, as well as the restaurant industry and merchandising. dOMAIN and Steinberg will help GIGL at a base level to expand and build partnerships on a nationwide scale.
There is also a growing demand for Giggles N’ Hugs franchise opportunities from both large multi-unit franchise operators and individuals. This has led to the opportunity to further expand on a global level. So far, the company has received interest from potential franchisees in Canada and nearly every major city in the U.S. Other operators have come from as far as Asia, Australia, Europe, Latin America, and the Middle East – all key international markets.
Last but not least, Giggles N’ Hugs has been offered huge licensing and merchandising opportunities to provide the company with additional forms of revenue. dOMAIN Integrated offers expertise in extending IP into licensed products, bringing in celebrities, encouraging new forms of income, publishing relations, and reaching out to new target markets. The company has therefore decided to encourage Giggles N’ Hugs to expand into branded products for a fuller customer experience. These products will be sold in stores and at a variety of retail outlets. Some merchandise opportunities include: organic food products, children’s clothing and accessories, drink and snack ware, coloring books and stickers, and vitamin water for kids.
Learn more by visiting www.gigglesnhugs.com
Please see disclaimer on the QualityStocks website: https://Disclaimer.QualityStocks.com